Feature

Taking the Long View

S. Basu Mullick, Manager, Neuberger Berman Partners Fund

MANY INVESTORS CLAIM TO EMULATE WARREN BUFFETT, but S. Basu Mullick, manager of the $4 billion Neuberger Berman Partners Fund (ticker: NBPBX), had good reason to invoke the teachings of the Great One last month when day traders hammered one of his favorite stocks, Freeport-McMoRan Copper & Gold (FCX). Mullick held tight as the stock plummeted 10%, to 56, on Feb. 27, amid concerns the plunge in Asian markets would depress demand for copper.